Special Reports
P.F. Eye
P.F. Eye

An Idiot's Guide to the PFI

By Paul Foot

Norman Lamont tinkered with it. John Major approved it. But the intellectual thrust for the idea of the Private Finance Initiative (PFI) came from David Willetts, the Tory frontbencher nicknamed 'Two Brains'.

This is the story of the PFI: how it became a jewel in the crown of New Labour, its savings, its costs, its pitfalls and windfalls, and how it changed the face of British accountancy and British politics.





ONLY IN THE MAGAZINE
Private Eye Issue 1620
In This Issue
Wally reveals truth about mystery absence… A London Clinic Doctor writes… Asylum seekers moved out of hotels need to be moved into hotels… Nurseryland voted happiest place to live… Major road closure causes havoc in Oz… Ofcom report shocks world with GB News ruling… Why the next James Bond will be a woke disaster… Allison Pearson's Diary, as told to Craig Brown

Prison breaking
The troubled jail that's locking people out

Imposter syndrome
More problems for the "outspoken" Dan Wootton

Cyber nasty
Labour's trouble with Knacker over candidate selection

Read these stories and much more - only in the magazine. Subscribe here to get delivery direct to your home and never miss an issue!
ONLY £2.99
SUBSCRIBE HERE
NEXT ISSUE ON SALE
10th April 2024
WHY SUBSCRIBE?
Private Eye Issue 1619
ALSO AVAILABLE ONLINE